[themecolor]FORTUNE’s 18th annual list[/themecolor] of the Best Companies to Work For is out and #1, for a sixth time, is Google. BCG, Acuity, SAS Institute, Robert W. Baird, Edward Jones, Wegmans, salesforce, Genetech, and Camden Property Trust round out the Top 10.
[themecolor]Here’s a link to an excellent summary article[/themecolor] of what makes these companies great places to work.
Here is one interesting piece of data about these leading companies from the article:
|In 1998 the average amount of training for managers and professionals was 41 hours, while hourly and administrative staffers received 33 hours. This year the numbers were 78 and 94 hours, respectively, which is nearly 80% higher.|
Verne Harnish, author of the recently released book Scaling Up has been been encouraging /admonishing CFOs, whose main job is to make sure assets are used fully, to start tracking the number of hours of development managers and employees are receiving. This is a critical Key Performance Indicator.
If you want to 10x the company, you have to 10x the people. Does it pay off to do these things? Notes FORTUNE:
|Since 1998 the 100 Best Companies have outperformed the S&P 500 index by a ratio of nearly 2 to 1|
Culture was the most searched word in 2014 according to Webster’s; it is at the heart of these successful firms. Take 2 minutes to read the article for the three common trends behind all the Best Companies to Work For (see the link above).
What do most people want out of work? A chance to learn and grow, be respected and challenged, a sense of making a contribution and being appreciated for that contribution. Oh yeah and “a fair day’s pay for a fair day’s effort”.
Is this what your organization is offering to your people? If not, why not? If not today, when?
Ray Kroc of McDonald’s used to say (tongue in cheek), “If you don’t take care of your customers, don’t worry someone else will.”
Maybe another thought might be “If you don’t take care of your employees, don’t worry someone else will”.
Most people want to know what is expected of them, be held accountable for their performance, be treated fairly, be given the tools and opportunity for knowledge to do the job well and appreciated for their efforts. Oh yeah and “a fair day’s pay for a fair day’s effort”.
How would your employees say your organization is doing?
[themecolor]Dave Baney is the founder and CEO of 55 Questions, LLC. We work with successful top executives with a driving ambition to crush their competition. We help CEOs and Entrepreneurs improve alignment, communication and accountability throughout their organization. [/themecolor]http://www.55questions.com
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